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, requires some reforms to be strengthened. we are in big disagreement as to how to do it. >> that is an understatement. democrat favor tax hike within social security and medicare as well as increasing income taxes. budget committee chairman paul ryan argues part of the problem in medicare is the new healthcare law. which claims savings will materialize, and the chief actuary of medicare has the same concerns. >> there is a lot of evidence to suggest some of the payment provisions will not be sustainablsustainable in the lo. >> it pays providers including doctors lower and lower rates. foster says over time it will leave 40% of all providers in the red raising questions about whether they'll treat medicare patients. >> if at some point our payment rate to providers become less or significantly less to the cost of providing services, they either will be unwilling, or unable to continue providing services. >> last year, 51% of medicare's cost was taken out of the general revenue; meaning, half the cost of medicare was paid by borrowing money. which is why it's part of the d
can be averted. if democrats and republicans can come to an agreement on the big fight that's been, frankly, smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down, comes down to the wire, we are now inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2nd but this does mean we have until august 2nd before we lose our national credit have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and becaus
. >> the largest possible deal. >>chris: the president wants to go big so why are the numbers going down? welcome, everyone, i am here for neil cavuto in "your world." a new round of debt talks get under way at the white house but it is not all smiles. because the president's listen is not looking so grand. we have gone from talk of $2 trillion in cuts to $1.7 trillion and now closer to $1.5 trillion. and there is in guarantee that money won't go lower as the talks drag on. utah republican senator lee thinks we need to go back but $1.5 trillion in cuts spread out over ten years is that going big? >>guest: no, in the big at all. i am not sure it is going anywhere. one congress cannot bind another congress. so no matter how big the cuts are, if they are stretched out over 10 years and not accompanied by a constitutional amendment we have no guarantee they will be followed. >>chris: do you get a sense both sides are trying to get a deal and making it small enough to be palatable because the democrats and the administration will not make a big deal without tax increases, so both will take small incre
'm a big netflix user, by the way. i get the discs sent to my house. they're going global in a big way. they've come a long way from the days they mail out the dvds. >> even though they're not in hong kong. but they're making a big move to latin america. they will expand to 43 companies in south america. they made the first international move to canada. late last year you can see it clearly wants to be a global company, but it's going to be pricey. the company said it would lose up to $70 million in the second half of this year from overseas operation. but investors in the states are cheering the move. the news sent netflix shares soaring 8% on tuesday. ali? >> kristie, how do you do it? are you further ahead in congress how long? is there similar service? >> itunes. it's all about itunes. >> very good. stick around for this story. quite frankly, i don't want to be alone in this piece of knowledge. some farmers in the uk were looking for extra ways to save money. the answer was on the farm in big piles. they're turning livestock waste into energy. the pigs were wallowing in gold. the t
today, it's about politics, too. at issue, whether big spending cuts should be locked in before the government is allowed to borrow more money to pay it bills. president obama held his second news conference in a week tells you the biggest headline. there is no deal. so the politicians from the president on down are trying to prove they're the one most looking out for you. >> it would be very helpful for us to be able to say to the american people our fiscal house is in order. >> the president wassed a today month that it's impossible to get a deal unless and until the republicans agree to raise some taxes. in turn, republicans say that before he spends anymore time lecturing them, she stop giving press conferences and put his proposals down on paper. but in the hunt for specifics, it is crystal clear the president is not ready to take the lead. >> if they show me a serious plan, i'm ready to move. even if it requires some tough decisions on my part. >> a lot of questions tonight about where this is heading and how it will impact you. the president's initial deadline, tonight, w
is we have a unique opportunity to do something big. we have a chance to stabilize america's finances for a decade, for 15 years or 20 years. if we're willing to seize the moment. what that would require would be some shared sacrifice and a balanced approach that says we're going to make significant cuts in domestic spending. and i have already said i'm willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i've said that in addition to the $400 billion that we've already cut from defense spending we're willing to look for hundreds of billions more. it would require us taking on health care spending. and that includes looking at medicare and finding ways that we can stabilize the system so that it is available not just for this generation but for future generations. and it would require revenues. it would require, even as we're asking the person who needs a student loan or the senior citizen or, you know, people -- veterans who are trying to get by on a disability check, even as we'
's from a big hit comedy movie. we'll tell you the story and give you a preview of the great dundalk heritage fair. four days of celebrating the 4th of july. wait until you hear about the entertainment, that's when the eyewitness news morning edition rolls on. ,,,,,, host: could switching to geico really save you 15% or more on car insurance? host: is the pen mightier than the sword? ninja 2: ow vo: geico. 15 minutes could save you 15% or more on car insurance. somebody help! [ gasps ] my hero! anyone can be a hero with the new captain america cherry coolatta from dunkin'. get yours for a limited time only. america runs on dunkin'. hurry in today for your first avenger tri-cup while supplies last. >>> you know, that's a beautiful thing. red's fans are in town. i was at the ballpark last night. we had a reunion. there was a lot of cardinal fans in town. it's not like when you see the red sox fans and you're six to your stomach. it was neat seeing them. people having vacations, watching baseball. >>> calm winds and barometer at 30.01678, i have to tell you, it wouldn't be a bad thing i
. that means, the big deal. this is the moment of opportunity. this is the window that people have been waiting for, for sometime. where both parties can sit down and resolve this problem, once and for all. we know what the problems are. we spend too much. the president will not get serious about cutting spending. >> greta: there's been e-mails back and forth, yesterday money the media that the president got up and marched off and senator harry reid on the floor refers to leader cantor as childish. is that what has deteriorated to a bit of name calling? >> i think the president was frustrated yesterday. everyone of us around the take are frustrated. the president got frustrated and left abruptly. >> greta: appropriately or inappropriately? >> i think it was fine. i think he decided the meeting was over and go up and left. >> greta: was there any indication the meet something over, we'll talk tomorrow or was it just i'm out of here? >> we had already discussed meeting today. the president is frustrated. my goodness, the rest of us are frustrated too. i've been pushing the president all year to a
ever gets to the point where he's really going to cut the big three. i do give the president a great deal of credit for fighting the republicans like this and standing up to them. they're a reckless party and they don't care if they have another financial meltdown in this country. this is one of the most un-american things i think i have ever seen play out by a political party. president obama is putting politics aside. it's time for the republicans to do the same. i mean, when the president says this may sink my presidency, he's willing to have that happen as long as it saves the country financially. for once, for sure, we can turn to washington and see that there is someone and it happens to be president obama who's willing to put country first at the stake of -- at the sake of possibly losing his base in a very important election cycle and it may, of course, jeopardize his re-election. he's got 77 people in the house who signed on a resolution saying no cuts to the big three and willing to go to war with them as well to save the economy. where are the republicans? for the latest o
not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
today? >> this wouldn't be the big deal if this is the only day, but this is day after day the spring into the summer. then let's pile on a top of humidity. that gets to the people and aggravates everyone. this is where the center of the heat is. right over the top of the eastern half of the country with the exception not being up in the great lakes. this is already the heat index. what time is it? it's 10:00. we are at 105 already in louisville. areas of memphis, nashville and st. louis are right behind. the worst has been centered over the ohio river valley and southern indiana. later today, this is my forecast heat index. this is how hot i'm predicting it's going to get. the worst is up here with the dew points at the highest. we are thinking 110 in louisville, 110 in nashville. i've got my money on 115 in memphis as the hottest heat index in the country. it goes from oklahoma city to the east coast. this is one of the first humid days we had from new york to deep, deep baltimore, raleigh. you go down the coast with no exceptions. this is historic in oklahoma city. we now had 13 da
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
seal a budget deal? it doesn't sound like. they did have a big win tuesday with cut, cap and balance. still no debt deal on the table. the clock seems to be ticking very fast. our next guest is pointing the finger at president obama, calling the president clever and slick. what does he mean? we asked karl rove. nice to see you. >> great to see you. >> greta: in add's "wall street journal", you described the president's press conference a week ago you said it was a b -- buff foe performance. i telecommunication a tough of sarcasm, tell me what you mean? >> i mean ironic. it is not sarcastic, i'm being ironic. the president gave an outstanding theatrical performance. he started off by blaming others. we expected them to blame bush. he also blamed the democratic congress. saying they had runaway with the credit card. they were just doing what he was telling them to do. he insisted that others solve the problem. he said within 24 to 46 hours i demand congress give me a plan. he said the worst alternative to come out of this would be if we raise the debt ceiling without taking any steps t
guys to protect the fat guys and corporate jets and big super rich. you're expendable now, crack thinkers. don't you understand? they play you against the poor and you're skpentable now. let those guys handle it. they got to protect the big guys. >> now know, that is coming from john mccain whose campaign might be compared to custard, except custer's came out better than mccain's did. in 2012 a conservative will be elected so i think that will speak for itself. his his brand was she lacks in 2007 within 2008. mine won the house of representative by record numbers in 2010. >> yeah, but now your brand of conservative is told, get your butts in line. don't get too big for yourself. because you've done your job. you're saving the corporate jet guys. you're closing in making sure to protect the loops holes. now just shut up and let us handle it, we've got movies it watch. thank you judson phillips. thank you for being here with me. >> thank you for having me. >> hosts of the bill press show on sirius radio, gentlemen, it is quite interesting, looks like mr. boehner is trying to get a
60 residents will be put up in temporary housing. a weary region battling third big storm and as many weeks. >> seems to be that we are in the pathway things have shifted there seems to be closer to the lakefront to getting along the shoreline to the west we are certainly in the cross hairs >> com ed crew is working very hard to still tonight that have restored power to hundreds of thousands upon so far including great america spokesperson telling me tonight that because the power is back on to most of the park they are expecting to be open tomorrow morning >> the red cross opening 2 shelters for people displaced from homes due to today's storms in addition and west chicago two more shelters will now open in waukegan and in willowbrook. people who stay at the shelters will be given meals and have a safe and air conditioned place to stay and number to call on the the website for more information wgntv.com delays up to an hour at the airports 45 minutes in and out of midway, o'hare travelers hit hardest by the storm, 250 flights canceled. let's check in with meteorologist tom skilli
. that is the latest on "traffic pulse 11." back to you. >> our big story the search for a missing seven-month-old baby and care take are. george lettis is live at city police headquarters with why police believe they may have left the city and the call to action. police have questioned the boy's father who admits leaving the baby in the care of a teenager. the seven-month-old child was last seen in the 1100 black of lyndhurst street with a 16-year-old girl jonae boozer. ki'yauhn's father charles birch arrived late it a prayer service last night because he was with police being questioned about the disappearance. ki'yauhn was staying with his father friday but birch left him with pwzer an acquaintance he barely knowles. >> do i know the whereabouts of my son or am i lying about it? i told them i ain't lying about it, you know. they just keep -- you know how police do? they just keep getting on my nerves and i keep telling them the same thing. >> this guy just magically appeared and don't look like he know nothing. >> an amber alert has not been issued in this case because it doesn't fit the criteria ma
it a hate crime. >> and it was a big attraction to the u.s. women's soccer team was a big win to send them to the world cup finals. >> and big changes that could be ahead for casey anthony when she gets out of jail in four days. >> absolutely not taking the children out of their home. >> plus, should obese children be taken away from their parents for protection? a controversial topic drawing a lot of attention. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier w!t to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. >> a new commentary in the country's leading medical journal is sparking a controversy among parents. >> it's as parents of extremely obese children should lose custody of their children. >> the question is whether they should lose custody for not controlling their child's weight. the child would be placed in foster care were the doctors believe they
, even alien invasions, but this is the big one, folks. increased traffic on two off-peak days. you know what that means, someone might have to walk someplace. [laughter] think of the children. pray for them. i certainly hope los angeles survives because i've got to be out in l.a. or the big angel, as they say, in just a couple months. i don't want to but it's business because this morning i got nominated for an emmy. [cheering and applause] yep. yes. this is what they look like in person. [audience chanting "stephen"] yes. [cheering and applause] i see these people on the red carpet. now i've already got two for the show, so this could possibly lead to an emmy three-way. see. they're all girls. i checked. [laughter] now, "the report" is nominated for best directing, best writing and best late night show. unbelievably we were once again snubbed for outstanding achievement in prosthetic make-up. people just don't realize that under this i'm like admiral ackbar. [laughter] but for the first time, i was nominated twice in the same category, first for "the report," and then again for late ni
and what's he really up to? >> well, what mitch mcconnell is actually up to is saying, look, we took a big bet on this debt ceiling thing opening to use the mefrj to make the president agree to spending cuts. what house republicans want. it's not working. everything he wants meager spending reform, wants higher taxes or he's saying he seems to be willing to go all the the way to shut down default. lets he' step back and let him take control of this and consequences of the action of not dealing with real spending reform. >> paul: dan, sellout. is this giving up too easily as a lot of right wing,are saying? >> no, i don't think so, paul. i think they overestimated their ability to leverage the president into big spending cuts. somehow, it seems to me, behind all this have is a misunderstanding about the power of the presidency, it is vast and getting into a big fight over big spending cuts and let's make it clear here, we're talking about reforming entitlement spending, medicare, medicaid spending to try to get into a debt limit negotiation and force the president of the united states to ref
tax on alcohol goes up 3%. for more information, go to wjla.com. >>> the big holiday getaway is about to get under way. this year, the highways may not be the busiest. >> aaa says the number of holiday drivers will drop this year and a number of air travelers will increase. we go live to reagan national airport where travelers are already heading out this morning. >> that's right passengers traveling through the three area airports should brace for cross because aaa mid-atlantic says local air travel is up 22%. 784,000 dc/metro area drivers will travel by car, aaa says that is down by almost 3% from the same time last year. roads and highways should be a little less crowded even as drivers are enjoying lower gas prices. aaa says most americans will be staying close to home this year. the average distance travelled this week and will be about 573 miles which is down 7% compared to 2010. for those in the city, that will have much to look forward to. on the national mall, organizers are gearing up for the fireworks and a parade. the maryland transportation authority says it is crucial to
been a big hit in london "evita" here had bad reviews. the mood changed. funny enough, i think that's an intriguing one because in the late '70s america was a little bit in denial about talking about anything political. i mean, you remember the time, after vietnam, and i remember writing the early days of the "evita" run we hit the -- at the same time of the russian invasion of afghanistan, which i don't think anybody really completely understood what was going on. for give me for talking about afghanistan. i've gone off on a tangent. >> another time. >> suddenly people started talking about politics again. they said, maybe paralleled with what we were trying to say there was an interesting subject. >> how much have the critics gotten to you over the years? >> i don't really care very much if i don't think the critics really understand music. >> somebody that you respect, what is the most hurtful kind of thing they could say that would really get to you? >> i guess somebody who i did respect as a musician said that the score was humdrum or something, then i would be sad if i believe
clearly we have a bought one. time to change that. our show starts right now. >>> well, the big story today, whether we like it or not, round 4. right now congressional leaders walking back into the white house for the fourth straight day of debt talks with president obama. it is hump day here in new york city, and across this great land. i am dylan ratigan. a pleasure to be seeing you. debt negotiators have yet to get over their trillion dollar hump and agree on a debt deal to keep our nation functional, the president stepping up the fearmongering, warning that seniors may not be able to get their social security check next month if congress does not act. quite simply, that would not happen. on the gop side, speaker boehner said any deal would be a crapshoot. house majority leader eric cantor, king of the prowrestlers these days, a leading voice emerging, aligning with the extremely far right idea logically prime minister study committee, in guarantees another job-killing debt crisis. that's a good talking point. i think most notably we'll stop spending on pod people or -- does
have big differences over how to raise the ceiling and avoid default, they can't even agree on whether they're making progress. democratic senate leader harry reid and republican senate leader mitch mcconnell on the senate floor moments ago. look. >> today the speaker republican leader held a press conference to announce they're in talks with the president and that a bargain to raise the debt ceiling is in the works and is close. in president, members of the senate, that's not true. i just spent two hours with the president, vice president, and leader pelosi, and it's fair for me to say that the engagement there is not in any meaningful way. the speaker, republican leader should know that merely saying we have agreement in front of a few television cameras doesn't make it so. >> the fact of the matter is that the only way we're going to get an agreement before tuesday is to have an agreement with the president of the united states. and the only person in america of the 307 million of us who can sign something into law. and i'm more optimistic than my friend, the majority leader. we've
casey anthony, big day. she's getting out of jail on sunday. will you be doing some commentary this weekend? or are you taking this weekend off? >> i may very well, but certainly i'll be talking about it on monday morning. >> have a good weekend, whatever you might end up doing. good to see you as always. thank you so much for being here with me in the cnn news room. i of course will be with you tomorrow and sunday. >>> the president said he's willing to think small if he has to in order to break the stalemate over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went bef
. the incredible story of a family who risked it all to chase their 24 karat dreams and came up big. how one stubborn couple started a modern gold rush. >>> and margarita master. it's the ultimate summertime indulgence. the perfect treat to beat the heat. but it didn't happen by accident. meet the man who invented this frozen miracle. >> announcer: from the global resources of abc news, with er the cynthia mcfadden and bill weir in new york city and terry moran in washington, this is "nightline," j jy 20th, 2011. >> good evening. well, it's not only hot, it's deadly hot. at least 22 people have died so far in the heat wave currently sweeping the country. and conditions will only get more dangerous in the coming days,, forecasters say. factors such as relative humidity of more than 0% and little or no wind are making temperatures that are already high feel downright unbearable. here's abc's john donvan with a snapshot of our sizzling states. >> reporter: it's all over the map this heat. 106 degrees in wichita. 98 in milwaukee. oklahoma city, 106. 99 in chicago. and while it seems to be going
'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distra
>>> good thursday, everybody. i'm contessa brewer covering the big news coast to coast. we begin with breaking news out of texas, where authorities have arrested an army private assigned to fort campbell, kentucky. officials found bomb-making materials in his hotel room. that arrest came after someone reportedly overheard the private threatening to stage an attack on the army post at fort hood. fort hood was the scene of a deadly shooting attack in november 2009. major nadal hassan is accused of killing 13 people and wounding dozens of others. pete williams has the latest from washington now. pete, what do you know about this arrest of the private? >> reporter: right. well, good afternoon. you saw killeen, texas on that map. that's where he was arrested. he's a private first class assigned to fort campbell, but arrested in texas yesterday and according to law enforcement officials, what happened is he went into a gun store in killeen, texas and was asking questions that the gun store owner thought was suspicious. he was also buying smokeless powder which can be used for a variety
to be a very busy place. we got the folk line festival under way behind me, also the big fireworks show they're getting ready for on monday. two concerts on the steps of the capitol, also at the washington monument. but from coast to coast, we're talking beaches and barbecues and camping and celebration. july 1st and the 2011 great escape is on. ♪ hot fun in the summertime >> reporter: from yosemite in the west. >> i like the girls the best. >> reporter: aaa says 39 million americans will travel 59 miles or more this long weekend. that's 1 million fewer than last year. >> reporter: you can blame the pain at pump. the national average for unleaded now $3.54 a gallon, down from the high of $3.98 on may 4th. but still 80 cents higher than a year ago. >> it's still tough because we're still kind of transitioning from how high the gas prices were so we've got in the habit of not traveling as much. >> reporter: the big surprise? while fewer people are driving than a year ago, more people are flying. air travel is up 9% this summer. >> for some people, it actually may be more convenient and cheap
with you. senator johnson from wisconsin. debt talks breakdown and will big ben step up with the big cash? bernanke suggesting he is ready for pump more stimulus into the economy if needed and that had stocks soaring early in the day and the dow jones industrial average having trouble holding on to the gains finishing up just 45 points. the fox business network is keeping track of it all. we lost all the gains we had early in the day. >>guest: but investors will take what they can get because there we saw the sell off later if the session we did post gains and that snapped a three day losing streak for the stock market. so, the dow finishing up with a small gain and the s&p with a 4 point game and at 10:00 a.m., bernanke sat down before congress and in his testimony heed laid out the open door for a possible qe3, the government bond buying program which is looked at as stimulus for the markets and off to the races and the market, as you said, rallied 150 points early in the session, but, this is still a lot of concern about the debt crisis going on overseas and it was another downgrade
's big three credit rating agencies, warned it might have to lower the country's top notch credit rating if lawmakers don't come it an agreement soon on raising the debt ceiling. this a starnlgts moodeddy's said its action was prompted by the possibility that the debt limit will not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of a short-lived default. economists say if the aaa rating is lowered, it would throw the financial markets in to chaos and the cost of were rowing would go up for everything from mortgages to car loans. federal reserve chairman ben bernanke warned -- >> i think the worst outcome is that at some point, you know, we default on the debt and that would creates a i said before a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headeded in to wednesday's meet which go all sides have described as very tense. republican majority leader eric cantor quoted the president as saying, i have reached the point where i say enough. would ronald reagan be sitting here? i've reached my li
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
of the problem we face as a nation. i'm a big supporter of cut, cap and balance. we had a historic vote last week that i believe was one much the most powerful votes for a taxpayer and to move to a different position wasn't some where i could go. no, it wasn't difficult. >> greta: it had some wording about a balanced budget. that didn't satisfy you? >> that was after $900 billion released and credit extended as a nation. we were saying you can have 900 billion more dollars to spend but later we will consider a balanced budget amendment. my position is we need to discuss the reforms in place now today before we extend our credit limit any more. there were are cuts and savings. only $7 billion next year compared to $900 billion of credit being released and that is nothing. that is absolutely nothing. it is one fifth of one penny of what we spend each year is what we were going to say. >> greta: sitting on the house floor and you are voting no and speaker wants you you to vote yes on it. like bad vibes, you sort of want to get out the door? >> not really. >> greta: did you tell him yourself you were
. the big task in outer space is moving a 12-ton module into place. it's 6:00 and a summer like day's start. sharon has problems on the pavement and marty has the weather. >> well, shuttle wakeup music will be over in a few days. there's your impact in your neighborhood. we'll point that out. it will be a sunny, hot one. it's the middle of july, it's supposed to be this way. mid-70s now and on the way to 94. the normal is 88. it is what it is. it will be getting hotter tomorrow. we'll be closer to a hundred. we'll talk about that shortly. >>> if you have a ton and a half module to move around, here's sharon gibala. >>> well, you shouldn't have too many problems at this hour. we have just a few minor issues. that's on chesterfield at hawkins road. one lane is blocked there. everything's running at full speed. the top and the westsides are looking good. no issues out there on the westside. that's at old court road. the eastside is looking nice. especially with the sunrise. traveling downtown, they started construction for the grand prix on light street between key highway and pratt street. re
with leaders in washington still bogged down in debt limit talks, some governors are making big policy strides and who is moving in the right direction and who has got it wrong? plus, school may be out, but school choice appears to be in. some good news from the front lines of education reform. and the war against girls, a closer look at a controversial new book that documents the increasing phenomenon of sex selection and the consequences of a world full of males. welcome to the journal editorial report. i'm paul gigot. the state of the state with leaders in washington still bogged down in debt limit talks, some governors are making real strides in the fight to balance their state budgets and others are falling into the same old tax and spend facts. wall street columnist, dan henninger and kim strassel and senior economics writer, steve moore. dan, this may be the most c consequence time, which states first, are making progress and what nr' doing. >> well, the state, i think, is making some of the most interesting progress in florida with the republican governor rick scott. rick scott came in
a big difference. after beating the yanks, orioles watches the yanks pull var rise. new york just continues to rack up 12 runs in the first inning alone. that's a team record. the o's go on to lose this one 17-3. oh well. we will wrap up this series with the new york yankees this afternoon and you can see the game live right here on wjz. 1:00 p.m. is the first pitch. >> you see the final score, did they not go home crying? >> our producer malachi is a die hard yankee fan. >> good point tim. >> come on. kind of a team is that? 17 after you hit 12. >> really. >> give me a break. orioles did well and stopped at 17. good grief. you know, we don't cry. we find the bright side. we are looking a at a bright side with our weather today. it was a really nice day yesterday. did you enjoy yesterday? >> it was a good day. i'm trying to think what did i do. i can't remember. >> that's a good weekend. when you can't remember with you did. wow, -- when you can't remember what you did. we are looking at a pretty decent day. much like yesterday, the humidity level is low. we're still focused on th
the problem. in two or three years we have a debt crisis. we have to do big bold things or that is where we are head. calling balancing the budget dangerous is unbelievable. here's what we have to do. look mr. president put a plan on the table and we have 16 days and if the president can put details to a plan let's have a national debate and let the american people decide if they want cutting in spending or requiring a balanced budget or common sense versus the president's plan. >> i didn't say it was dangerous. we want to balance the budget. it doesn't balance that budget until 2040. it would require you to lift the debt ceiling by eight trillion. >> gentlemen, we have a lot to cover. we'll get back to a bunch of the issues. if cut, cap and balance fails and i must say most people say whether it is good policy or not, the chance of it passing are slim . the most likely fall back and mitch mcconle's plan. it would allow the president to raise the debt limit two and half trillion without spending cuts and there is talk of floating a trillion in cuts. congressman ben holland. wouldn't that be
. >> thank you. >>> speaking boehner balks as a big deal, but tonight's white house meeting is still on. today, the debt deal in pairil. and then the economy in 2012 with presidential candidate, rick santorum. >>> i am candy crowley, and this is "state of the union." hoped for a grand debt deal got buried last night in a blizzard of status quo rhetoric. the white house will not pursue a bigger debt reduction agreement without tax hikes. i think the best approach may be in producing a smaller measure. and dan pfeiffer responded, we cannot ask the middle class and seniors to bear all the costs and budget cuts. >>> joining me now, house republican whip, kevin mccarthy of california. if i am out there listening to all of this, i want to stan gul awful you. why can you not get this deal? it looks like a bargaining ploy? >> i don't think so. you would not increase taxes on the small business, which is what the president wants to do. you had an negotiation with cantor and kyl and biden. so what he's saying, let's go there, there's no taxes, and there are cuts right there, but why don't you als
. that is going to be a big hot topic of political conversation well. eric cantor and john boehner and people issuing press releases the president needs to do more and shows a failure of leadership at the white house. see what the white house has to say later about it. >> the unemployment rate tick up slightly to 9.2%. >> that's going to do it for us. >>> "cnn newsroom" begins right now with kyra phillips. >>> christine, don't go far. we are talking about the disappointing news on the jobs front. >> i won't. >>> labor department reporting only 18,000 jobs were added in june. that is much worse than economists readdicted. of course, those live pictures we can't get enough of. the shuttle is fueled and the crew is suited up but the weather could still cancel today's historic law firm. we are live at kennedy space center hoping that it will take off in time. >>> an arrest in the huge hacking scandal in britain. the news that the world's former editor and the prime minister's former aide. >>> like we told you, we want to start with the jobless numbers. our christine romans, once again, back with
, the government owes me. how big a problem do you think that is? >> entitlements are narcotics. this is why the left loves to expand the entitlement program in america and they instituted a massive new program called obama care which is essentially socialized medicine. once people get aticted to the narcotic of the entitlement, social security, medicare, medicaid, we have a whole array of entitlements, you get addicted to it, it is difficult to take it away. >> bill: what is the government's responsibility in bad economic times to feed people through food stamps. they have explode. >> we have 47 million americans now on food stamps which is a record breaking number that is heart breaking. >> bill: is that a nasca narco. >> we is so many drk including the food programs and benefits for the poor. >> bill: is that a narcotic? >> i will tell you why. it creates a culture and pattern of victimization. >> most people want to work and do not want a handout. most people want to compete and be in the game. they don't want to sit back and have the government give them sufficient. a small percentage o
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